MARKET COMPOSITE
CMBM - Cambium Networks Corp8:00:00 PM 4/22/2024
Price
$3.36
+ 0.09 (2.75%)
Cambium Networks Corporation, through its subsidiaries, provides wireless broadband networking infrastructure products and solutions for network operators. Its wireless fabric includes intelligent radios, smart antennas, radio frequency (RF) algorithms, wireless-aware switches, and network management software. The company offers point-to-point solutions that are connected to high-speed, high-bandwidth wireline networks; and wireless broadband backhaul to facilities or point-to-multipoint access points deployed throughout a network over distances of approximately 100 kilometers and at 2 gigabytes per second. Its cnPilot and Xirrus Wi-Fi solution provides distributed access to individual users in indoor settings, such as office complexes, and outdoor settings, such as athletic stadiums; cnReach solutions offer narrow-band connectivity for sensors and devices; embedded proprietary RF technology and software enables automated optimization of data flow at the outermost points in the network; and cnMatrix cloud-managed wireless-aware switching solution provides the interface between wireless and wired networks. The company serves medium-sized wireless Internet service providers, enterprises, and government agencies in North America, Europe, the Middle East, Africa, Central and Latin America, and the Asia-Pacific. The company was formerly known as Vector Cambium Holdings (Cayman), Ltd. and changed its name to Cambium Networks Corporation in 2018. Cambium Networks Corporation was founded in 2011 and is headquartered in Rolling Meadows, Illinois.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue40.2MM-7%
Gross Profit-11MM-201%
Cost Of Revenue51.2MM+60%
Operating Income-41.6MM+88%
Operating Expenses30.6MM-7%
Net Income-52.9MM-
R&D13.1MM-1%
G&A6.2MM-29%
Marketing9.7MM+1%
Amortization300K-25%
Interest Expense725K+17%
Stock Chart

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Stock news

    Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced that it plans to report financial results the first quarter 2024 ended March 31, 2024, on Thursday, May 9, 2024.

    Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced the appointment of Jacob Sayer as Chief Financial Officer, effective April 8, 2024. He will be responsible for Cambium's financial strategies and will lead the global finance organization, including planning, treasury, tax, reporting, and investor relations. Jacob will succeed John Becerril, who is currently acting CFO following the January 2024 de

    Cambium (CMBM) unveils an advanced Wi-Fi 7 access point that offers customers impressive speed and connection reliability at an affordable price.

    Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced the next evolution in Wi-Fi with the launch of its new mass market Wi-Fi 7 access point. The X7-35X is a tri-radio, tri-band 2+2+2 solution, powered by Qualcomm Technologies' leading Wi-Fi 7 networking platform, offering the latest in Wi-Fi technology for delivering exceptional user experiences at an exceptional value as part of Cambium's ONE Network for the enterprise.

    Cambium Networks ( NASDAQ:CMBM ) Full Year 2023 Results Key Financial Results Revenue: US$220.2m (down 26% from FY...

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    Cambium Networks (NASDAQ: CMBM), a leading global provider of networking solutions, today announced that service providers, enterprise, and industrial network operators in Canada will soon be able to deploy greater than 1 Gbps speeds with ePMP 4600 6 GHz outdoor fixed wireless and 6 GHz-ready Wi-Fi solutions. Innovation, Science and Economic Development Canada (ISEDC) has issued approvals for both the AFC and for ePMP 4600 radios. Cambium Networks has also completed integration verification betw

    Investors in Cambium Networks Corporation ( NASDAQ:CMBM ) had a good week, as its shares rose 3.6% to close at US$4.62...

    Cambium Networks Corporation (NASDAQ:CMBM) Q4 2023 Earnings Call Transcript February 15, 2024 Cambium Networks Corporation misses on earnings expectations. Reported EPS is $-0.95 EPS, expectations were $-0.34. CMBM isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. My name […]

    Top-line contraction due to a low order volume in the Enterprise business, aggressive discounts and soft economic growth led to wider loss for Cambium (CMBM) in fourth-quarter 2023.